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Re loses 6ps to settle at 83.39/$
USD-INR spot price is expected to trade in a range of Rs83.20 to Rs83.70
Re settles flat against USD
Decline in crude oil prices supports the local currency
KAT rejects tax claim on ethanol used to blend with petrol
Says denatured anhydrous ethanol and ethyl alcohol not the same under law
Petrol pump dealers protest against low margin
Will go for 'No Purchase' on Tuesday across 24 states
OMCs may further hike prices to ease margin pressure
Gasoline and gasoil retail prices also remains aligned with the movement in crude oil prices over the long term, says Fitch Ratings
OMCs' policies hampering ethanol output: ISMA
Major headwinds for target 20% ethanol blending by 2025
25% petro price hike inevitable choice for OMCs
Combination of duty cut, retail price hike must to fight crude rally: Emkay Global
Russia-Ukraine crisis to dent India's auto sector
The industry is expected to face subdued consumer sentiment as OMCs are expected to raise domestic fuel prices in consonance with high crude cost
